everfi module 1-6 (business finance)/EVERFI -Lesson 3 - Budgeting / finanacing higher education everfi module 6/ EverFi Banking Basics Questions And Answers / Consumer Skills EverFi Module 4 /EverFi Lesson 3 - Budgeting Questions And Answers/EVERFI - SAVI

Which of the following is a benefit of using a budget? a. Helps to keep track of the money you receive b. Helps to prioritize your spending c. Helps reach short- and long-term financial goals d. All of the above - Answer- d Which of the following is NOT a benefit of using a budget? a. a budg...

all of the following are true about why it is important to complete the free application for federal student aid (FAFSA) process EXCEPT : - Answer- it allows you to be eligible for early admission what has the biggest impact on whether a 4 year university is affordable? - Answer- the amount of fi...

Which of the following statements about check cashing companies is FALSE? a. They make it easy to fall into a loan cycle that is hard to get out of b. They offer bad deals where you'll owe a lot more than you borrowed c. They can take a percentage of your check on top of fees d. They charge l...

which payment option takes money out of your bank immediately? - Answer- debit card which forms of payment is linked to a bank account which limits the amount of money you can spend to balance your account? - Answer- checks & debit cards which of the following is NOT be a warning sign of a sca...

Which of the following is a benefit of using a budget? a. Helps to keep track of the money you receive b. Helps to prioritize your spending c. Helps reach short- and long-term financial goals d. All of the above - Answer- d Which of the following is NOT a benefit of using a budget? a. a budg...

Which of the following savings vehicles usually requires a high minimum balance? - Answer- Certificate of Deposit (CD) To earn as much interest as possible, you should open a savings account that earns _______ interest and has the ______ interest rate. - Answer- compound; lowest When it comes ...

You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money? - Answer- A.) Compounding 1 time a year B.) Compounding 4 times a year C.) Compounding monthly D.) Compounding daily* Which of the following accounts will give you the LEAS...

a phone - Answer- which of the following would be considered a want rather than a need for most people: a place to live, warm clothes, a phone, food the trade off of making one choice and giving up a different choice - Answer- what is an opportunity cost an independent consumer education websi...

A savings account that compounds interest daily will earn a higher return than a savings account that pays simple interest daily. - True - False - Answer- - True Why is it important to reconcile your bank statements? - To avoid spending more than what is in your account. - To detect any e...

What category of drugs does Adderall fall under? - Answer- Stimulant Which of the following is NOT a potential side effect of stimulants? - Answer- Depressed heart rate Which of the following statements about lying to your doctor to obtain a prescription is TRUE? - Answer- Both A and B Whic...

entrepreneur - Answer- someone who creates and runs his or her own business aptitude - Answer- a natural ability to do a particular type of work or activity well attitude - Answer- the way of thinking about something that affects how you feel about it self assessment - Answer- an evaluation...